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Cable Update (GBPUSD)

  • #425,481
  • Feb 29, 2016 1:51am Feb 29, 2016 1:51am
Preference is to wait today on pound dollar just have a feeling its going lower .. lol
Bought Euro looking for a 50 pip close at 110 000
  • #425,482
  • Feb 29, 2016 3:00am Feb 29, 2016 3:00am
Quoting alayinizAMK
{quote} wow relax mate btw i dont think keeping g shorts over the weekend will do any good. g is probably entering rape-mode just one way or another.
rape-mode imo
  • #425,483
  • Feb 29, 2016 3:12am Feb 29, 2016 3:12am
Quoting alayinizAMK
{quote} rape-mode imo
Pound pairs are always in rape-mode isn't it, more frequently than not. Lol.
Luck shines on the positive.
  • #425,484
  • Feb 29, 2016 3:23am Feb 29, 2016 3:23am
We might see a short squeeze this week , before another leg down.
  • #425,485
  • Feb 29, 2016 3:28am Feb 29, 2016 3:28am
went long on cable last night based simply on idea I didn't think it would get below the lows during Asia session... I was right, however didn't have tp so now only around +10 :0
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  • #425,486
  • Feb 29, 2016 3:39am Feb 29, 2016 3:39am
Quoting Don96
went long on cable last night based simply on idea I didn't think it would get below the lows during Asia session... I was right, however didn't have tp so now only around +10 :0 {image}
​lol stopped out -1.6, thought my SL was at b.e but apparently not, oh well... should have put a tp after all
  • #425,487
  • Feb 29, 2016 3:42am Feb 29, 2016 3:42am
lol gbp/usd known for stripping , i am shorting the pair from 1.41
  • #425,488
  • Feb 29, 2016 4:29am Feb 29, 2016 4:29am
anyone think It will reach new low today?​
Letting losses run is the most serious mistake made by most investors.
  • #425,489
  • Feb 29, 2016 4:35am Feb 29, 2016 4:35am
Quoting amonshi
anyone think It will reach new low today?​
solved, already hit new low
Letting losses run is the most serious mistake made by most investors.
  • #425,490
  • Feb 29, 2016 4:51am Feb 29, 2016 4:51am
Quoting amonshi
anyone think It will reach new low today?​
yep south today think about it monthly candle 11 am uk is what 6 am nyc -
sell em .. we buy em back later as we always do ..
  • #425,491
  • Feb 29, 2016 4:53am Feb 29, 2016 4:53am
it may hit 1.3800
  • #425,492
  • Feb 29, 2016 5:19am Feb 29, 2016 5:19am
it may?
it is going to hit 1.3765
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  • #425,493
  • Feb 29, 2016 5:45am Feb 29, 2016 5:45am
Quoting dean1star
{quote} yep south today think about it monthly candle 11 am uk is what 6 am nyc - sell em .. we buy em back later as we always do ..
Good suggestion, I already have a short position @ 1.3880
Letting losses run is the most serious mistake made by most investors.
  • #425,494
  • Feb 29, 2016 5:47am Feb 29, 2016 5:47am
Quoting gold-analyst
it may? it is going to hit 1.3765 {image}
read about this:
https://en.wikipedia.org/wiki/Gambler%27s_fallacy
  • #425,495
  • Feb 29, 2016 5:48am Feb 29, 2016 5:48am
even with euro i m confident that it is going down first
Quoting dean1star
Preference is to wait today on pound dollar just have a feeling its going lower .. lol Bought Euro looking for a 50 pip close at 110 000
  • #425,496
  • Feb 29, 2016 6:14am Feb 29, 2016 6:14am
what you trying to say
Quoting openyoureyes
{quote} read about this: https://en.wikipedia.org/wiki/Gambler%27s_fallacy
  • #425,497
  • Feb 29, 2016 7:29am Feb 29, 2016 7:29am
Quoting gold-analyst
even with euro i m confident that it is going down first{quote}
yep got out of the euro too waiting for a stronger signal
  • #425,498
  • Feb 29, 2016 7:43am Feb 29, 2016 7:43am
SPeaking of EURUSD, could bounce from here, but overall trend is down, at this price there's no short for me
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  • #425,499
  • Feb 29, 2016 7:45am Feb 29, 2016 7:45am
I think shorting cable from 1.39 again is probably worth a try. The broken flag project to 1.35-1.36, I suspect at current sentiment, market will try at least push it down once more for at least 200 pips.
  • #425,500
  • Feb 29, 2016 7:51am Feb 29, 2016 7:51am
i am confident that it s going to 1.0785. but lets see.
Quoting dean1star
{quote} yep got out of the euro too waiting for a stronger signal
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